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US multi-millionaire takes over daughter's NZ farms

Chris Hutching
Wed, 12 Oct 2011

US multi-millionaire Joseph Reeves Hyde III is taking over ownership of Kahutara Downs and Rakanui Station near Kaikoura.

He is replacing his daughter Margaret Hyde as the underlying owner of Hyde NZ Partners LP, which owns the two stations.

“The company will continue to develop the land

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Chris Hutching
Wed, 12 Oct 2011
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US multi-millionaire takes over daughter's NZ farms
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